Bhubaneswar : The Executive Chairman of the world’s leading steel and mining company ArcelorMittal Lakshmi N Mittal is likely to meet Odisha Chief Minister Naveen Patnaik today in relation with the set up of integrated steel plant in Kendrapara district.
Earlier on Friday, he had met Union Finance Minister Nirmala Sitharaman.
ArcelorMittal had indicated its intent to set up greenfield steel operations in India in 2005 and 2006 as well when it had inked MoUs with Jharkhand and Odisha for setting up a 12 MT steel plant each in the two states. But lack of clearance on land and lack of assurance on supplies of key raw material iron ore prevented the company from realising its investment plan.
Notably on March 4, a Memorandum of Understanding (MOU) was signed between Government of Odisha and ArcelorMittal Nippon Steel for the set up of a 12 Million ton integrated steel plant in Kendrapara.
